Micron Rallies on Tight HBM Supply Ahead of High-Stakes Earnings Report
Micron Technology shares are surging ahead of its quarterly earnings as a persistent global shortage of High Bandwidth Memory (HBM) bolsters the company's pricing power. Analysts have raised price targets to as high as $500, citing the critical role of Micron's HBM4 production in powering NVIDIA's next-generation AI architectures.